It's NOT an "award". Why is that so hard for you to understand?

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eztrang

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09/10/23

16:10

Post #: 70249519
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Originally posted by cruiser51: ↑

I will print the entire section, maybe it becomes clearer to you.
The parties went to the ICC to get this ruling and the ruling will be subject to the following:
Article 35 – Notification, Deposit and Enforceability
of the Award

Once an award has been made, the Secretariat shall notify to the parties the text signed by the arbitral tribunal, provided always that the costs of the arbitration have been fully paid to ICC by the parties or by one of them.
Additional copies certified true by the Secretary General shall be made available on request and at any time to the parties, but to no one else.
By virtue of the notification made in accordance with Article 35(1), the parties waive any other form of notification or deposit on the part of the arbitral tribunal.
An original of each award made in accordance with the Rules shall be deposited with the Secretariat.
The arbitral tribunal and the Secretariat shall assist the parties in complying with whatever further formalities may be necessary.
Every award shall be binding on the parties. By submitting the dispute to arbitration under the Rules, the parties undertake to carry out any award without delay and shall be deemed to have waived their right to any form of recourse insofar as such waiver can validly be made.

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It's NOT an "award". Why is that so hard for you to understand?
AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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It's NOT an "award". Why is that so hard for you to understand?

Top Stories

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

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